UAE's IHC logs AED 9.3m profit in Q1

Abu Dhabi – Mubasher: International Holdings Co (IHC) announced it has recorded a net profit of AED 9.26 million for the first quarter of 2019, compared to AED 9.88 million in Q1-18.

Revenues totalled AED 190.9 million in the three-month period ended 31 March 2019, versus AED 112.4 million in Q1-18, according to a recent statement to the Abu Dhabi Securities Exchange (ADX).

Earnings per share (EPS) remained flat at AED 0.02 in Q1-19, as compared to the prior-year period.

Total current assets amounted to AED 623.38 million at the end of March, versus AED 587.35 million in Q1-18.

Mubasher Contribution Time: 14-May-2019 09:04 (GMT)
Mubasher Last Update Time: 14-May-2019 10:17 (GMT)